Bearish flow noted in Sirius XM (SIRI) with 1,811 puts trading, or 1.2x expected. Most active are Oct-25 21 puts and Dec-25 21 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.22, while ATM IV is up nearly 4 points on the day. Earnings are expected on October 30th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIRI:
- Swifties Rise: New Limited-Run Taylor Swift Channel Gives SiriusXM Stock (NASDAQ:SIRI) a Boost
- Sirius XM Holdings Faces Subscriber and Advertising Challenges Amidst Strategic Shifts
- “We’d Love for Stern to Stay”: SiriusXM Stock (NASDAQ:SIRI) Recovers as Stern Returns
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Howard Stern says ‘very happy at Sirius,’ Variety reports